Lens1000
VIP Contributor
The expert that has gone through a lot of downturns in the cryptocurrency space have given advice. The advice given was that panic selling is one of the things that will cause a serious downturn in the cryptocurrency market as we speak. it is therefore very important that the new or rookie traders should be aware of this. It is a good advice coming from the mouth of someone who have experience several downturn in the cryptocurrency market.
This is exactly a major reason why it is very important that we should have enough experience in the cryptocurrency market before will venture into it, because the major cause of the turbulence that we faced in the cryptocurrency right now I've been caused by the new traders . This is why it is very difficult for cryptocurrency to move in the upward direction. Most the new traders bump on cryptocurrency investment with the hope that people are discussing that it is very lucrative.
The best advice that one could give in this present problem is to keep Holding and not to do panic selling, so as not to incur huge amount of loss . It is very sure that the cryptocurrency would survive the hurdle, but it may take a time.
This is exactly a major reason why it is very important that we should have enough experience in the cryptocurrency market before will venture into it, because the major cause of the turbulence that we faced in the cryptocurrency right now I've been caused by the new traders . This is why it is very difficult for cryptocurrency to move in the upward direction. Most the new traders bump on cryptocurrency investment with the hope that people are discussing that it is very lucrative.
The best advice that one could give in this present problem is to keep Holding and not to do panic selling, so as not to incur huge amount of loss . It is very sure that the cryptocurrency would survive the hurdle, but it may take a time.